Economic Intelligence: 5 No-Brainer Risks

Yesterday, President Obama received his first Economic Intelligence Brief from the Central Intelligence Agency. This is a welcome milestone along the road back to responsible leadership. Just as President Obama inherited the Iraq War with all its national security threats, he too inherits a threat-ridden legacy of global economic insecurity. And, just as our president noted with Iraq, we must be as careful getting out as we were careless getting in. Unfortunately, the route out of global economic crisis is littered with landmines set by our enemies, allies and the ancien regime, unintentionally or otherwise.

While we don't know exactly what the CIA Brief said, here are 5 no-brainer economic risks to our national security. They are risks that come along with our bold promising solutions to an economic threat decades in the making and inherited by the present administration. In other words, these 5 risks arise mainly from legacy threats.

Still, they must be assessed and addressed. Our leaders can not do this alone-we must together align security and sustainable economic recovery. In fact, many of us outside the beltway have more first-hand intelligence on economic insecurity than those within. In this way, Americans now losing their factory jobs have much in common with citizens in China who are also having factory doors shut on them. We must recognize that, as Gil Scott-Heron put it: 'sometimes distance brings misunderstanding.' It's time to broaden our network of town hall meetings to turn national economic security problems into global sustainable solutions.

Here are 5 risks then:

1) Stimulus Risk
The risk that reinvestment into the US will siphon capital away from the most unstable places, aggravating conflicts.

2) Onshoring Risk
The risk that bringing US manufacturing jobs home will mean lay-offs in factory enclaves in poor countries.

3) Sustainable Energy Risk
The risk that the manufacturing of clean energy will itself be polluting at times and that the more damaging aspects will happen overseas where environmental laws are lax.

4) American Leadership Risk
The risk that the resurgence of US moral and political authority will create an unrealistic expectation that our domestic solutions will do the main heavy lifting for getting the global economy out of crisis.

5) Uneven Recovery Risk
The risk that solutions to the crisis will unevenly distribute benefits and burdens, offloading costs on those least able to shoulder them.

Comments

[dadw5boys]

ECO-101-01 --- Who id the mojor stock holder in 90 % of all Businesses in the USA and arounf the World ??

BCS

[SteveNichols]

Its logical to have an economical briefing on the world economy - after all political unrest and economical unrest create the same kind of problems that we have worried about for years. The poor of the world want to have a good life with the same advantages that other of middle or upper class enjoy. When you read and think about the 5 risk it can be applied to the same problem that many of the world G-20 economy are experiencing. A strong sense of cooperation among the G-20 may help all economy survive the current crisis and rebound sooner to once again become prosperous as one world economy.

[TomZart]

PRESIDENT OBAMA’S TWO WORLDS

There are two worlds, this one and the next
Man’s is deceptive, temporary and full of blame.
God’s is permanent, loving, truthful and complete
Free of hate, lust, war, greed and shame.

Our bodies belong to this world and die
Our souls come from God’s and return.
Virtue is knowledge of what is right or wrong
As the lessons of lifetime we learn.

Humans are disorderly, wasteful and corrupt
All are guilty of the ignorance of sin.
The worst crimes practiced on Earth today
Are the sadistic deeds committed by men.

History persist but nothing has changed
The world we live in is more dangerous than before.
Most people never know the true facts or answers
They just follow the leaders they fear or adore.

The falsehoods of politics shadow man’s soul
Testing our faith, temperament and resolve.
Real heroes defend, liberate and unite
Facing problems with a mandate to solve.

President Obama I pray for your wisdom
To deal with America’s troubles and enemies at hand.
Man’s world is God’s boot camp of divine worth
As the misdeeds of man crisscross the land.

By Conservative Poet
Tom Zart
Most Published Poet
On The Web

[TomZart]

OBAMA’S BEST INAUGURATION DAY POEMS

FELLOW AMERICANS

Will we battle terrorism as it should be fought
Or run away and let evil doers chase us to our door?
Will we protect our freedom and system of life
As our fathers and grandfathers sacrificed before?

Will we secure our borders against illegal entry
Or let our economy and security be destroyed?
Will we finally stop runaway wasteful spending
By leaders who are self-serving and void?

Will we continue to pledge our help to the less fortunate
Who suffer from war, hunger and disease?
Will we preserve our heritage and our future
From those who wish to bring liberty to its knees?

Never be afraid to be proud of America
And march with the thankful, honorable and just.
Never surrender our freedom of choice
Standing firm for what we believe and trust.

Sometimes it’s hard to protect what is right
Sometimes we’re scorned as for others we fight.
Some of us are willing regardless of loss
To commit our soul to save the cross.

Evil prospers on greed and human hate
Always eager to destroy and defecate.
God’s grace descends on the souls of man
Cleansing the impure wherever He can.

The Lord adores his heroes of yesterday
Just how numerous, only He could say.
God loves his soldiers who line up to serve
By standing against evil His grace they deserve.

God Bless America

By Conservative Poet
Tom Zart
Most Published Poet
On The Web